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Listed price in listed location currency (USD).
$1,699,000

000

MLS® 220217466

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size -
Garage No
Taxes $11,300
Days Active 1
Lot Size 2.24 acres
Approx. Age 1947
MLS® Number 220217466

Property Address: 1808 Spring St, Medford, OR, 97504-6322

Average square foot calculated using Size range provided by listing agent.

Description

This fantastic investment opportunity features a total of 10 units--comprised of 8 stick-built homes plus a duplex--all situated on over 2 acres of commercially zoned land in East Medford. This unique property offers incredible potential for future development. Most units have been refreshed with modern updates, providing a sophisticated mix of stabilized income and untapped value-add upside. Each unit is individually metered for electricity, significantly enhancing management efficiency and tenant accountability. The property is perfectly located in a highly desirable area near parks, dining, and shopping, while still offering a sense of privacy with mature trees surrounding the grounds. With a 6.7% cap rate and long-term growth potential, this is an excellent opportunity for investors seeking a well-positioned, income-producing rental portfolio with scalability. The commercial zoning and large acreage make this a true standout for those looking to expand their real estate footprint.
MLS® Number220217466
Laundry Level
Central VacNo
FireplaceNo
Acreage2.24
Exterior
GarageNo
Approx. Age1947
BasementNone
DrivewayDriveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 19, 2026List Date
$1,699,000List Price
  • Commute

Commute

Starting Address
Destination Address
1808 Spring St, Medford, OR

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